Convert hourly to salary rate

    • [PDF File]PERSONNEL - List all staff positions for the project by ...

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      Give hourly salary rate, number of hours allotted to the project, and total cost for the project period. The total for this category will be entered on Standard Form 424A, Section B, Line 6.a. PERSONNEL TOTAL: FRINGE BENEFITS - Identify the percentage used for your calculation and what benefits are included. This amount


    • [PDF File]SAMPLE CALCULATIONS SIMPLIFIED BASIC CALCULATIONS FOR ...

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      Sample Calculation of Fully Loaded Rate: Item Rates Hourly rate 1 $52.08 per hour ($100,000/1920 billable hours - see example below) Fringe Benefit Costs 2 $11.89 per hour 22.8% (see fringe benefit calculations below) S-T 3 $63.97 Apply Overhead Rate 4 $23.75 37.1% S-T 5 $87.72 Apply Profit Rate 6 $5.26 6.0% Fully Loaded Hourly Rate $92.98


    • [PDF File]FI0207-Sponsored Projects Salary Policy

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      rate, divide the current annual salary rate by 224 duty days or for a total of 1792 hours. This figure reflects an allowance made for annual leave, official holidays, and days of administrative closing. To compute an hourly rate, eight hours are considered a duty day. Salaried Non-exempt Staff Appointments. To convert the salary for non-


    • [PDF File]Bi Weekly Pay Conversion

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      Annual Gross Salary: $41,652.00 Hourly Pay Rate: $19.95 (Annual Salary/2088 hours) Updated: 2/28/12 CA STATE $112.06 SUPPL LIFE $4.54 DEP LIFE INSUR $3.78 AD&D INSUR $7.20 SUPPL DIS $30.54 ARAG LEGAL $13.78 CX FAIR SH $16.49 Net Pay: $2,334.50 21 Monthly Compared to Biweekly Employee Name: Brian Bi-Weekly Annual rate = $41,652 hourly rate = $19.95


    • [PDF File]Frequently Asked Questions Payroll Transition for New ...

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      If your hourly rate is not listed in the link, there are two methods you can use to calculate your hourly rate (based on a 40-hour workweek): Method 1: Take your monthly salary rate and divide by 174 (the average number of working hours in a month). For example, if your monthly salary is $3250.00 per month: $3250.00 ÷ 174 = $18.68 per hour.


    • [PDF File]Instructions for Changing Employees from Salaried to ...

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      To convert from salary rate to an hourly rate, use the full-time employee salary rate and divide by 2080 hours. We are using 2080 hours since it is the most advantageous when calculating the hourly rate. 9. Click on the checkmark to save your changes, scroll up to the Total Base Pay section and confirm that the salary rate shown is hourly. 10.


    • Salary or Title Change Confirmation Letter Script

      As per our salary scale, your annual salary will increase to $ effective DD/MM/YYYY. EXAMPLE PROMOTION: As a result of your hard work and commitment to continually exceed expectations, it is my pleasure to confirm your promotion into the role of new title.


    • [PDF File]Calculate FTE for Hourly Salary Manual Method

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      Student Hourly / College Work Study employees with a Job ECLS of SH, SW, SX, or SN are assigned an FTE = 1.000 and is unrelated to the number of hours worked per week. If the Job ECLS is one other than SH, SW, SX, or SN, use the Hourly or SALARY method above.


    • [PDF File]Letter Templates - University of California, Berkeley

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      calculated at ____hours per week. Your hourly pay rate will be $_____ (list for each position as necessary). Your benefit deductions if any, will now be deducted from your bi-weekly paychecks. If you have elected direct deposit of your paycheck, then your paycheck will continue to be directly deposited to your bank account.


    • [PDF File]Calculating FTE - CSU

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      Average Hourly Rate = $12.00 Monthly Average Rate = 173.33 hours in a month *$12.00 = $2,080 Annual Average Rate = 2080 hours in a year *$12.00 = $24,960 FTE = $144,213/$26,000= 5.547 FTE Note: if you use the minimum annual rate your FTE would be as follows: FTE= $144,213/$24,960 = 5.778 FTE Conclusion If the annual average rate in Example 2 is ...


    • [PDF File]Salary Conversion Chart - TECHSTAFF

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      Hourly’ Weekly’ Monthly’ Annually’ $8.00% $320.00% $1,386.67% $16,640.00% $8.50% $340.00% $1,473.33% $17,680.00% $9.00% $360.00% $1,560.00% $18,720.00%


    • [PDF File]Conversion to a bi-weekly pay cycle for hourly paid ...

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      Conversion to a bi-weekly pay cycle for hourly paid ... Do I have a say in this matter if I do not wish to convert to bi-weekly ... Annualized salary Amount of advance: Less than $40,000 $ 600 More than $40,000 but less than $50,000 $ 700 . More than $50,000 but less than $60,000 $ 800 ...


    • [PDF File]Compensation Models in Home Health - NAHC

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      Base from hourly rates Convert salary by 2080 hours Use current rate for hourly employees Use state/regional industry standards for agencies currently using flat visit rates Apply conversion factor Based on discipline, or type of position, etc. Allows for job responsibility differences Keeps event ‘point’ system consistent


    • [PDF File]Salary Determination Workshop

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      • Hourly NS – Convert the employee’s hourly rate to an annual salary by multiplying by 2088. – Assign this salary to the highest grade level compared to the Hiring Rate of the salary schedule associated with the NS position. – Use the assigned grade to determine the appropriate promotion percentage.


    • [PDF File]Texas and Federal Wage and Hour Laws

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      • Hourly: time and a half over 40 hours • Salary: salary ÷ number of hours the salary is intended to compensate = regular rate –Regular hours < 40: add regular rate for each hour up to 40, then pay time and a half for hours over 40 –Regular hours = 40: time and a half –Regular hours > 40: pay hours from 40 up to regular schedule at


    • [PDF File]Salary Conversion Table - Madison

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      All hourly rates are rounded up to two decimals. Example of the difference between exempt C-basis conversion and nonexempt C-basis conversion: C-basis salary: $35,000 Using the exempt conversion rate above, the hourly rate would be: $35,000/2080*(11/9) = $20.57/hour C-basis compensation would be $20.57/hour * 40 hours * 39 weeks = $32,089


    • [PDF File]GUIDE TO ADJUSTING COMMENSURATE WAGE RATES

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      Continuing the example above, if your current prevailing wage rate used is $.50 per8 hourn ad an hourly paid worker with disabilities has a productivit y rating of 65% and is paid $5.53 per hour (0.65 × $8.50), you could adjust the prevaili ng wag e rate to $10.15 per hour ($8.50 × 1.1939) nad raise that worker’s ...


    • [PDF File]CalTime Biweekly Pay Cycle Conversion Frequently Asked ...

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      5. How can I calculate my hourly rate? You can calculate your hourly rate (based on a 40-hour workweek) as follows: Take your former monthly salary and divide by 174. (The number 174 is the UC standard of estimating the number of working hours in month). For example, if your monthly salary was $3250 per month: $3250/174 = $18.68. 6.


    • [PDF File]WIOA Wage Conversion Chart Instructions

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      Convert Hourly Rate to Quarterly Wages Convert Weekly Wages to Quarterly Wages 13 weeks per quarter 13 4 6.5 biweekly pay periods per quarter 6.5 Convert Biweekly Wages to Quarterly Wages Convert Monthly Wages to Quarterly Wages 3 months per quarter 3. Title: WIOA Wage Conversion Chart Instructions


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